Tagged: binance

November 12, 2026 @ 7:07 am By Omar Faridi  |  

During a recent interview, Ledger CEO Pascal Gauthier delivered a blunt assessment of the cryptocurrency industry’s security landscape: perfect protection is an illusion, and eventually, everyone will eventually experience a compromise. The remarks, made on November 10, 2026, come as 2026 has already recorded the… Read More

November 10, 2026 @ 8:17 am By Omar Faridi  |  

North Korean actors linked to the Binance cryptocurrency platform theft (the largest financial heist in history) have begun minting disposable tokens to obscure the movement of stolen assets, according to blockchain analytics firm Elliptic. At the same time, the platform’s long-serving chief financial officer has… Read More

November 9, 2026 @ 5:22 pm By Omar Faridi  |  

Binance took a further step in restoring normal operations on Sunday, November 8, 2026, by re-enabling withdrawals for the Hyperliquid token (HYPE) and Aptos (APT). This development came roughly ten days after the October 29 security incident in which attackers drained approximately $6.3 billion in… Read More

November 8, 2026 @ 5:23 am By Omar Faridi  |  

Polygon governance weighs hard fork to reclaim roughly $6.8 million in POL stolen from Binance and Polymarket. On November 4, 2026, a Polygon Improvement Proposal appeared on the network’s community forum calling for a coordinated hard fork of the Polygon Proof-of-Stake chain. The measure would… Read More

November 6, 2026 @ 7:16 am By Omar Faridi  |  

Cryptocurrency exchanges Binance and Deribit revoked all customer API keys linked to the derivatives trading platform SignalPlus on November 5, 2026, as a precaution after the company reported a security incident. Both exchanges confirmed that their own systems and data remained unaffected. Deribit noted that… Read More

November 5, 2026 @ 7:21 am By Omar Faridi  |  

In the aftermath of a significant security breach at crypto exchange Binance, Coinbase (NASDAQ: COIN) has publicly detailed its custody practices to reassure users that its platform remains insulated from similar risks. The U.S.-based exchange stated on November 4, 2026, that more than 99% of… Read More

November 4, 2026 @ 8:20 pm By Michael Wong  |  

Binance has replenished 95% of the cryptocurrency stolen in a security breach that resulted in losses estimated at $6.3 billion, with the exchange pledging to cover the remaining shortfall through its user protection fund and corporate resources. Co-CEO Richard Teng said the company had set aside… Read More

November 4, 2026 @ 7:56 am By Omar Faridi  |  

Digital asset manager Grayscale has framed Binance’s roughly $6.3 billion security breach as a potential turning point that could push cryptocurrency exchanges toward tighter operational and custody standards, even as it risks eroding short-term market confidence. In a recent statement, the firm highlighted that approximately… Read More

November 4, 2026 @ 2:06 am By Omar Faridi  |  

Binance co-founder Changpeng Zhao has cautioned that artificial intelligence is set to accelerate cyberattacks on cryptocurrency platforms and traditional banks in the wake of the exchange’s record-breaking $6.34 billion theft. The October 29 incident, which Binance has detailed in an official initial findings report, ranks… Read More

November 3, 2026 @ 6:51 am By Omar Faridi  |  

Kim Yo-jong, the sister of North Korean leader Kim Jong-un and a senior official, has dismissed U.S. claims that Pyongyang orchestrated the largest cryptocurrency theft on record—an estimated $6.3 billion to $6.4 billion drain of Binance hot wallets on October 29, 2026. In a statement… Read More

November 2, 2026 @ 7:56 am By Omar Faridi  |  

North Korean-linked actors have moved roughly $242 million of assets taken from Binance across the Tron network in just two days, according to on-chain analysis, while U.S. authorities press cross-chain protocols to block related activity and the exchange faces substantial customer outflows after restoring withdrawals…. Read More

November 2, 2026 @ 5:16 am By Omar Faridi  |  

Crypto-linked equities tumbled on Friday after Binance disclosed a security breach that drained an estimated $6.3 billion in customer assets, an amount that analysts immediately ranked as the largest theft in cryptocurrency history. Shares of Coinbase (NASDAQ: COIN), Strategy (NASDAQ: MSTR),  Gemini (NASDAQ: GEMI), and Galaxy… Read More

November 2, 2026 @ 1:00 am By Omar Faridi  |  

North Korea-linked attackers drained approximately $6.36 billion from Binance wallets across ten blockchains in roughly 20 minutes on October 29, 2026, marking the largest cryptocurrency theft on record and pushing the regime’s cumulative haul since 2017 to about $12.8 billion. Blockchain analytics firm TRM Labs… Read More

November 1, 2026 @ 9:26 pm By Tony Zerucha  |  

Binance hack “In dollar terms, it would rank among the largest in crypto history, alongside Bybit’s roughly $1.5 billion loss in February 2025. We should expect these records to keep being broken: crypto prices are rising, and exchanges hold more assets every year, so each… Read More

November 1, 2026 @ 4:36 pm By JD Alois  |  

The Federal Bureau of Investigation (FBI), the US Secret Service, and the IRS have all said North Korea is behind the massive Binance hack, in which hackers stole over $6 billion in crypto and stablecoins. Yesterday, the FBI Cyber Branch said the North Korean TraderTraitor… Read More

November 1, 2026 @ 6:06 am By Omar Faridi  |  

Indian cryptocurrency platforms have endured a series of significant security breaches in recent years, leaving users with incomplete recoveries and highlighting structural weaknesses that set them apart from larger international counterparts. Exchanges including CoinDCX and WazirX have been among the most prominent targets, while others… Read More

October 31, 2026 @ 6:31 pm By Michael Wong  |  

Binance said it has set aside more than $6.34 billion in company funds to cover losses following a security breach that resulted in the theft of approximately $6.3 billion in digital assets. “We want to be clear about our commitment: Binance will absorb the financial… Read More

October 31, 2026 @ 4:21 pm By Omar Faridi  |  

Hackers who drained Binance hot wallets this week walked away with 18,270 bitcoin, a sum larger than Tesla’s (NASDAQ: TSLA) disclosed corporate holdings and roughly 2.3 times the bitcoin sitting in El Salvador’s national reserve wallets. At roughly $78,500 per coin, that bitcoin slice alone… Read More

October 30, 2026 @ 9:30 am By Omar Faridi  |  

On October 29, 2026, attackers drained an estimated (and unprecedented) $6.3 billion from Binance hot wallets across roughly nine to eleven blockchains in under four hours, with the bulk of the activity compressed into about 20 minutes. The exchange, the world’s largest by volume, confirmed… Read More

October 30, 2026 @ 9:10 am By JD Alois  |  

Binance, the world’s largest crypto exchange with daily trading volume hovering around $14 billion, is scrambling to mitigate the fallout from an epic hack that allegedly pilfered billions of dollars in value from the platform. Initial reports indicate that North Korea is once again behind… Read More